Aequs IPO Opens with Rs 921.8 Crore Fundraising Goal, Sets Price Band at Rs 118-124 per Share

Aequs Group, a precision component manufacturer, is opening its IPO for subscription today with a price band of Rs 118-124 per share. The Bengaluru-based company aims to raise up to Rs 921.8 crore. Aequs manufactures over 5,000 unique aerospace components with a capacity of 1.5 million machine hours. Its clients include Airbus, Boeing, Collins Aerospace, Spirit AeroSystems, and Safran. The IPO will close on December 5.